This firm, J&J Purchasing, has pitched potential clients on an investment offering 50% annualized returns with virtually zero risk. It claimed, at one point, to have raised $400 million from over 1,000 investors since 2016. Through the course of our research, we submitted our findings to regulators through the SEC’s tip program. We recently also shared our work with reporters at the Wall Street Journal. Our work has included in-house research, extensive document review, as well as in-person meetings and recorded correspondence with the firm’s principals and marketers under the guise of becoming a potential client.